The EU wants more cash (a lot of it for defence and security). Here's how it plans to get it.
Ireland has assumed the Presidency of the Council of the European Union, placing it in a central role to negotiate the next seven-year Multiannual Financial Framework (MFF). The negotiations are expected to be contentious as member states debate budget priorities, particularly regarding defense and security funding.
Why it matters
The MFF determines the EU's financial priorities for 2028-2034, and Ireland's role as mediator will influence the bloc's economic and security trajectory.
FOR A LOT of people, Ireland holding the Presidency of the Council of the European Union may seem irrelevant and inconsequential to our day-to-day lives.
The article provides a factual overview of the EU budget process and Ireland's administrative role without taking a partisan stance.
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